Very few business owners care to see April roll around as that means any procrastination involving tax preparation must end then and there. While dealing with the IRS isn't going...
There are many tax benefits that result from being married. Of course, all situations vary, so it is important to discuss your situation with a professional skilled in tax preparation. The...
Posted by Silver Fox Accounting on 03/15/2017
When it's time to start disposing of your investments, understanding the rules is critical. The IRS requires you to accurately report the sale of any of your assets. Your tax basis...
Posted by Advantage Tax Service on 03/15/2017
It's critical to ascertain your commercial property's tax basis. The need to find out tax basis becomes even more pressing when you're trying to ascertain depreciation deductions...
Posted by PB Tax & Accounting Services on 03/15/2017
As dreadful as the word might sound, tax basis remains one of the most important components as far as filing tax returns is concerned. Also referred to as adjusted basis or cost basis,...
Posted by Bottom Line Tax Services, LLC on 03/15/2017
While you can reduce your tax bill through contributions to a Roth IRA or another type of retirement savings account, it's important to understand that several rules dictate how much...
Posted by CROMWELL & ASSOCIATES, LLC on 03/15/2017
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Joseph J. Gormley CPA on 03/14/2017
Audits, errors and delays...oh my. Nothing strikes heart in the fear of tax payers quite like these three aforementioned tax time uh-oh's. Unfortunately, the IRS is back (and more...
Posted by RONNIE@RLDARDENCPA.COM on 03/08/2017
Renting out real estate you own can be sweet. Besides the capital appreciation and ongoing income potential, real estate investments could provide deductions that could bring down...
Posted by PB Tax & Accounting Services on 03/08/2017